cryptocurrency
ethereum
An open-source blockchain platform that features smart contract functionality and its own cryptocurrency (Ether).
Example
"Developers use Ethereum to build decentralized applications and smart contracts."
💡 Memory Tip
ETHER-eum — ether is an invisible substance. Ethereum is a platform for invisible (digital) transactions.
Etymology
Named after 'ether,' the hypothetical medium that was once thought to fill the universe — a platform underlying everything.
Common Misspellings
etheriumethreumetheremetherum
Related Terms
See Also
smart contract